EURUSD on the 4h timeframe tested a few times the weekly resistance. The price after the test of the 1.07800 started a retracement move into a descending channel then took the liquidity with an impulse.
How can i approach this scenario?
I will wait for a potential break below the support at the 1.06700 and in that case i will set a nice short order according to the Plancton's strategy rules.
Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
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as expected
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a 90 pips call
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testing the support for this 230 pips call
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the market is testing the monthly support for a 280 pips profit call